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2.3¢ pancontinental energy nl

So true. SOI are not an issue if the first drill hits the black...

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turtleboy

5,317 Posts.

318

03/12/23

22:52

Post #: 71246251
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Originally posted by Sh1n3 ↑

With market cap upward of 1.75b with 3.6b barrels, our shares would be > 22 cents US and around 30 cents Aussie.
If a drill cost around 40 mill, a raise of 8 mill would be required. Assuming PCL did a cap raise of 10 mill, thus dilutiom of 33 million shares. It doesnt seem like much at all with 8b soi.
dont know enough about this stuff but was not a holder at NWE or FAR so mystified re what could go wrong if we discovered billions of barrels on the free carry

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So true.
SOI are not an issue if the first drill hits the black gold..
Bring It On.
We are all going to be multi millionaires!!

PCL Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $185.5M

Open	High	Low	Value	Volume
2.3¢	2.4¢	2.2¢	$168.8K	7.348M

Buyers (Bids)

No.	Vol.	Price($)
22	7483825	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	377193	2

View Market Depth

No.	Vol.	Price($)
22	7483825	0.022
15	6443561	0.021
19	13101900	0.020
9	9734310	0.019
5	5586999	0.018

Price($)	Vol.	No.
0.023	377193	2
0.024	3918660	10
0.025	3766201	6
0.026	8292455	9
0.027	6812669	13

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 2.3¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
2.3¢	2.4¢		2.3¢	2128510
Last updated 15.58pm 03/05/2024 ?

PCL (ASX) Chart